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Topic: All bankers hate BTC, am I right? - page 3. (Read 1606 times)

copper member
Activity: 164
Merit: 1
January 09, 2019, 11:04:12 PM
you don't expect bankers to declare their support for bitcoin officially, i mean bitcoin is a direct and a passive competitor to the banking system, no one will support what threatens it's very existence, but behind the scene, some bankers are passively involve in crypto currency. I have proof to back my claims.
legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
January 09, 2019, 10:19:11 PM
I don't think you can say that all bankers hate BTC but I think some of them do.
Its more likely the ones who are threatened by crypto currency because any smart banker knows that fiat will always surpass Bitcoin, not the other way around.

Here is an interesting article:
 https://www.ccn.com/bitcoin-entrepreneurs-banking-struggles/

 
full member
Activity: 458
Merit: 112
January 09, 2019, 10:09:01 PM
Banks dont like the IDEA of what bitcoin is having. it will change the whole world and bank owners will be in risk.
But even they hate BITCOIN i know that some of them are having BTC on their wallet.
They are genius and they know how the market move, they will grab every profit as long as they can.
hero member
Activity: 1134
Merit: 501
January 09, 2019, 05:35:02 PM
All bankers hate what they don't earn money. In your opinion, is it possible that they also earn money with bitcoins? If yes, do they hate it?
newbie
Activity: 21
Merit: 0
January 09, 2019, 04:58:41 PM
i don't agree that all bankers hate bitcoin, because some bankers also trade with bitcoins to make additional source of income for themselves though the bitcoin cryptocurrency has an impact on the banking industry which might be negative in a way for the bankers but i disagree that the bankers hate BTC.
newbie
Activity: 21
Merit: 0
January 06, 2019, 07:34:13 AM
They also can benefit from it while hating it =D
hero member
Activity: 1218
Merit: 557
January 09, 2019, 01:53:22 PM
To an extent the banking business may get impacted if btc is used across the world especially in case of remittances where the people have to wait and spend more fees while transferring form one country to another. But in crypto it takes only few mins and hardly any fees to transfer the coins.
member
Activity: 364
Merit: 10
January 06, 2019, 05:22:53 AM
Putting your money in lot's of cryptocurrency is the best option to earn and to start investing and million of money already invested from different altcoins. But different banks also can accept cryptocurrency without issue on our industry.
sr. member
Activity: 1106
Merit: 250
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January 09, 2019, 01:51:14 PM
Bitcoin getting popularity in day by day. I think all banker are not hate bitcoin, because bitcoin is a very profitable and some bank are also include bitcoin their work. I also think bitcoin dose not effect badly of banking sector.
full member
Activity: 868
Merit: 104
January 09, 2019, 12:46:34 PM
If BTC becomes part of daily life then banking systems will be badly impacted thats the reason most of the banks do not want BTC to be in mainstream.
Banks know that decentralize technology is cheap and effective and its regular use will effect banking business badly.
newbie
Activity: 41
Merit: 0
January 09, 2019, 12:35:44 PM
Cryptocurrency is here to revamp the banking sector, even though it is going to take job from some of the bankers (reason why most bankers hate it) some international banks are already exploring possibilities that could make them integrate the new blockchain/Bitcoin system without an hitch.
copper member
Activity: 294
Merit: 1
January 09, 2019, 11:57:52 AM
The assertion that all bankers hate bitcoin is not accurate because I know some bankers who are invested heavily in cryptocurrency.
This should correct the impression that bankers hate bitcoin.
jr. member
Activity: 340
Merit: 1
January 06, 2019, 07:58:15 PM
Obviously , because it will take down banks all over the world. Its advance technology unlike the traditional banking bitcoin will destroy the bank system. It will lead cashless because of digitalization we can no longer use paper money in the future.
full member
Activity: 462
Merit: 100
January 06, 2019, 06:39:24 PM
Well you can be right but by saying that all bank hates bitcoin not at all. We know whu banks hates it because of no tax can get it and every people can participatw on trading also its risky. Well most likely this is the reason why banks hate it but theres a other banks thay support it getting a profit by using it as a payment on bill buying things that support bitcoin.
member
Activity: 1204
Merit: 38
January 06, 2019, 01:15:08 PM
I do  not think so ! If you are  taxi driver and you someone ask  what do you think about Uber ? the person is trying to tell you to turn to uber !!  Most bank in my country invested in crypto last year  but right now they are all in crises  this years alone bank of Ghana has close down more than 10  banks down because they are in crises because they put huge investment in bitcoins !!

That is right. I am sure that many bankers use Bitcoin and some other popular cryptocurrencies themselves. Naturally, many of them prefer to stay anonymous, but it does not matter at all.

I think the banks had some other technical problem with the big guy that's why they are regulating the usage of Bitcoin in bags otherwise Bitcoin has more useful currency in this stage so we cannot declared the usage of Bitcoin at anytime soon the banks will accept it.
full member
Activity: 546
Merit: 100
January 06, 2019, 12:41:37 PM
I do  not think so ! If you are  taxi driver and you someone ask  what do you think about Uber ? the person is trying to tell you to turn to uber !!  Most bank in my country invested in crypto last year  but right now they are all in crises  this years alone bank of Ghana has close down more than 10  banks down because they are in crises because they put huge investment in bitcoins !!

That is right. I am sure that many bankers use Bitcoin and some other popular cryptocurrencies themselves. Naturally, many of them prefer to stay anonymous, but it does not matter at all.
sr. member
Activity: 700
Merit: 252
January 06, 2019, 05:28:34 AM
Most of them hate bitcoin because technology allows users to trade directly with each other, no real need for the middleman. Banks earn plenty by charging fees in money transactions/actions involving money. Blockchain solves double spending problem.
member
Activity: 714
Merit: 10
Living is easy with eyes closed ...
January 06, 2019, 05:09:56 AM
Despite openly expressed dissatisfaction with Bitcoin by banking institutions, in my opinion, banking capital has long been involved in cryptocurrency transactions. The reason for this is huge profits that can be gained by trading in cryptocurrency. I would not be surprised if it turns out that large banking conglomerates are behind the development of Bitcoin.
full member
Activity: 574
Merit: 102
January 06, 2019, 04:10:39 AM
not all bankers hate bitcoin, but from news and statements that often appear in the news, most of them do hate cryptocurrency. but I feel that what they are doing is not just a form of unpreparedness and maybe a little surprised by the discovery of a new revolution in the global financial transaction system. in fact, there are many central banks in some countries that are slowly starting to accept and give bitcoin a little place while still making regulations as a barrier.
full member
Activity: 644
Merit: 100
January 06, 2019, 01:06:59 AM
I would not agree with you on This there are many banker who still believe in bitcoin and some are even investors. Cryptocurrency is not against banking our are they in any form of war you can be a involved in cryptocurrency and still invest in other sectors

I agree with your opinion. Not all banks hates cryptocurrency, maybe some see bitcoin as their competitors but if their banks are strong they will not afraid and hate it instead they will collaborate with cryptocurrency to use it as a transaction. Its good to combine those two because it helps the economic of the country.
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